Case 08-11586-KG

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE _______________________________________ In re: ) Chapter 11 ) Case No. 08-11586 (KG) MERVYNS HOLDINGS, LLC, et al., ) (Jointly Administered) ) Debtors. ) ) MOTION TO SHORTEN NOTICE REGARDING MOTION OF HANJIN SHIPPING CO., LTD. FOR RELIEF FROM THE AUTOMATIC STAY PURSUANT TO 11 U.S.C. 362(d) Hanjin Shipping Co., Ltd. (Hanjin) hereby respectfully moves (the Motion to Shorten), pursuant to section 102 of title 11 of the United States Code, 11 U.S.C. 101, et seq. (the Bankruptcy Code) and Rule 9006-1(e) of the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware (the Local Rules), to shorten the notice period under Local Rule 9006-1(c) and Rule 2002(a) of the Federal Rules of Bankruptcy Procedure (the Bankruptcy Rules) with respect to the Motion of Hanjin Shipping Co., Ltd. for Relief from the Automatic Stay pursuant to 11 U.S.C. 362(d), and respectfully represent as follows: 1. Hanjin seeks to shorten the period for notice of the hearing on the Motion

required by Bankruptcy Rule 2002(a) so that this Court may consider the Motion in early November at a date and time directed by the Court. In addition, Hanjin asks that this court set a corresponding objection deadline for the Motion. 2. As set forth more fully in the Motion, the Motion is in no way prejudicial

to the Debtors, and granting the Motion presents no hardship to the Debtors. The Debtors do not have any equity in the cargo subject to the Motion. Upon information and belief, the Debtors have not paid the shipper, Runway, the purchase price for the cargo. Further, the Debtors, as notify parties, have failed and refused to take delivery of the cargo. The

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Case 08-11586-KG

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Debtors have in effect abandoned the cargo. Demurrage, detention or extended freight charges continue to accrue on a daily basis. 3. Hanjin seeks a hearing on the Motion on shortened notice because

Runway needs to sell and deliver the cargo to a third party in time for the holiday season. In addition, detention and other delay damages continue to accrue. Further, the value of the cargo will decrease, if the cargo cannot be sold or otherwise disposed of in time for the holiday season. The next hearing in these cases is on November 24, 2008 the eve of the Thanksgiving holiday. If Hanjin cannot divert the cargo until that time, the cargo will not be sold this holiday season. WHEREFORE, Hanjin respectfully requests that the Court (i) approve the shortened notice period; (ii) schedule a hearing to consider the Motion; (iii) set an objection deadline for the Motion; and (iv) grant such other and further relief as the Court deems just and proper.

Dated: October 31, 2008 Wilmington, Delaware

CIARDI CIARDI & ASTIN, P.C. /s/ Daniel K. Astin Daniel K. Astin (No. 4068) Anthony M. Saccullo (No. 4141) Shannon D. Leight (No. 4115) 919 Market Street, Suite 700 Wilmington, DE 19801 Telephone: (302) 658-1100 Facsimile: (302) 658-1300 Email: dastin@ciardilaw.com asaccullo@ciardilaw.com slieght@ciardilaw.com -and-

Case 08-11586-KG

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NOWELL AMOROSO KLEIN BIERMAN, P.A. Rick A. Steinberg, Esq. (RS-7396) 155 Polifly Road Hackensack, New Jersey 07601 Telephone: (201) 343-5001 Facsimile: (201) 343-5181 Email: rsteinberg@nakblaw.com Counsel for Hanjin Shipping Co., Ltd.

Case 08-11586-KG

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE _______________________________________ In re: ) Chapter 11 ) Case No. 08-11586 (KG) MERVYNS HOLDINGS, LLC, et al., ) (Jointly Administered) ) Debtors. ) Re: Docket No. ____ ) ORDER SHORTENING NOTICE REGARDING MOTION OF HANJIN SHIPPING CO., LTD. FOR RELIEF FROM THE AUTOMATIC STAY PURSUANT TO 11 U.S.C. 362(d) Upon the motion (the Motion to Shorten) of Hanjin Shipping Co., Ltd. (Hanjin) for authority, pursuant to section 102 of the Bankruptcy Code1 and Local Rule 9006-1(e), to shorten the notice period under Local Rule 9006-1(c) and Bankruptcy Rule 2002(a) with respect to the Motion of Hanjin Shipping Co., Ltd. for Relief from the Automatic Stay pursuant to 11 U.S.C. 362(d), all as more fully set forth in the Motion to Shorten; and after due deliberation and sufficient cause appearing therefor, it is hereby ORDERED that the Motion to Shorten is granted; and it is further ORDERED that the Court will consider the Motion at a hearing scheduled for November ___, 2008 at __:___ __.m. Prevailing Eastern Time; and it is further ORDERED that all objections, if any, to the relief sought in the Motion must be in writing and filed with the Court and served on counsel to Hanjin so as to be actually received by such parties no later than November ___, 2008 at __:___ __.m. Prevailing Eastern Time; and is further

Capitalized terms not otherwise defined herein have the meanings ascribed to them in the Motion to Shorten.

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ORDERED that this Court shall, and hereby does, retain jurisdiction with respect to all matters arising from or in relation to the implementation of this Order. Dated: Wilmington, Delaware November ____, 2008 __________________________________ The Honorable Kevin Gross United States Bankruptcy Court Judge

Case 08-11586-KG

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CERTIFICATE OF SERVICE I, Daniel K. Astin, Esquire, hereby certify that on October 31, 2008, I caused a copy of the Motion to Shorten Regarding Motion of Hanjin Shipping Co., Ltd. for Relief from the Automatic Stay Pursuant to 11 U.S.C. 362(d) to be served on the below parties in the manner indicated:

VIA ELECTRONIC MAIL Daniel J. DeFranceschi, Esquire Richards, Layton & Finger One Rodney Square P.O. Box 551 Wilmington, DE 19899 Email: defranceschi@rlf.com Karen B. Skomorucha, Esquire Ashby & Geddes, P.A. 500 Delaware Avenue 8th Floor P.O. Box 1150 Wilmington, DE 19899 Email: kskomorucha@ashby-geddes.com VIA ELECTRONIC MAIL AND HAND DELIVERY Jane Leamy, Esquire Office of United States Trustee 844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 Email: jane.leamy@usdoj.gov

VIA ELECTRONIC AND OVERNIGHT MAIL Howard S. Beltzer, Esquire Wendy S. Walker, Esquire Morgan, Lewis & Bockius LLP 101 Park Avenue New York, NY 10178-0060 Email: hbeltzer@morganlewis.com wwalker@morganlewis.com Jonathon N. Helfat, Esquire Daniel F. Fiorillo, Esquire Otterbourg, Steindler, Houston & Rosen, P.C. 230 Park Avenue New York, NY 10169-0075 Email: jhelfat@oshr.com dfiorillo@oshr.com Paul M. Basta, Esquire Joshua A. Sussberg, Esquire Kirkland & Ellis LLP 153 E. 53rd St. NY, NY 10022 Email: pbasta@kirkland.com jsussberg@kirkland.com

/s/ Daniel K. Astin Daniel K. Astin (No. 4068)